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2022
Exports $2.33MWorld Rnk 50 / 124
Flag Rnk 851 / 1198
2022
Destination $937k Nigeria
2021 - 2022
FASTEST GROWING MARKET $937kNigeria
2022
PRODUCT COMPLEXITY IN Central Heating Boilers0.63Rnk 301 / 1025
2022
Imports $3.58MWorld Rnk 69 / 192
Flag Rnk 983 / 1203
2022
Origin $557k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $557kChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.33M in Central Heating Boilers, making it the 50th largest exporter of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 851st most exported product in Malaysia. The main destination of Central Heating Boilers exports from Malaysia are: Nigeria ($944k), Guatemala ($482k), United Kingdom ($290k), Saudi Arabia ($111k), and United States ($92.8k).

The fastest growing export markets for Central Heating Boilers of Malaysia between 2021 and 2022 were Nigeria ($937k), Guatemala ($415k), and Saudi Arabia ($109k).

Imports In 2022, Malaysia imported $3.58M in Central Heating Boilers, becoming the 69th largest importer of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 983rd most imported product in Malaysia. Malaysia imports Central Heating Boilers primarily from: Chinese Taipei ($876k), India ($774k), China ($739k), Italy ($275k), and Germany ($164k).

The fastest growing import markets in Central Heating Boilers for Malaysia between 2021 and 2022 were Chinese Taipei ($557k), China ($454k), and India ($281k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Central Heating Boilers exports accounted up to MYR31.2k and imports accounted up to MYR1.04M, resulting in a negative trade balance of MYR1.01M. Between June 2023 and June 2024 the exports of Malaysia's   Central Heating Boilers have decreased by MYR-127k (-80.2%) from MYR158k to MYR31.2k, while imports decreased by MYR-4.62M (-81.7%) from MYR5.66M to MYR1.04M.

Destinations In June 2024, Central Heating Boilers were exported mostly to Australia (MYR16.8k), Costa Rica (MYR6.32k), Chinese Taipei (MYR4.08k), Vietnam (MYR1.84k), and Indonesia (MYR1.84k), and were imported mostly from China (MYR599k), Czechia (MYR274k), Vietnam (MYR53.3k), Belgium (MYR43.1k), and Romania (MYR40.3k).

Growth In June 2024, the decrease in Central Heating Boilers's year-by-year exports was explained primarily by a decrease in exports to Cambodia (MYR-49.3k or -41.4%). In June 2024, the decrease in Central Heating Boilers's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-220k or -100%), India (MYR-79.8k or -99.1%), and China (MYR-3.04k or -20.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-127k(-80.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR-4.62M(-81.7%)
MAIN DESTINATION (June 2024)AustraliaMYR16.8k

This section shows Central Heating Boilers's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Central Heating Boilers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.33M
IMPORTS (2022)$3.58M
NET TRADE (2022)-$1.25M

In 2022, Malaysia exported $2.33M in Central Heating Boilers. The main destinations of Malaysia exports on Central Heating Boilers were Nigeria ($944k), Guatemala ($482k), United Kingdom ($290k), Saudi Arabia ($111k), and United States ($92.8k).

In 2022, Malaysia imported $3.58M in Central Heating Boilers, mainly from Chinese Taipei ($876k), India ($774k), China ($739k), Italy ($275k), and Germany ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Central Heating Boilers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Nigeria$937k (13.7k%)
Guatemala$415k (614%)
Saudi Arabia$109k (5.98k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Central Heating Boilers BY Malaysia WERE (2021 - 2022):
United Kingdom-$250k (-46.2%)
Benin-$211k (-100%)
Thailand-$96.2k (-88.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Central Heating Boilers were:
Germany $1.38B
Austria $1.26B
Italy $1.03B
In 2022, Malaysia's main importing competitors in Central Heating Boilers were:
Germany $1.74B
France $650M
Italy $636M

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Trade Value of Central Heating Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $196k
TOP IMPORT POTENTIALChina+ $487k

Central Heating Boilers’s highest export potential is United Kingdom. With an export gap of $196k.   Central Heating Boilers’s highest import potential is China with an import gap of $487k.

See methodology.

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